Euro to Dollar forecast balance sheets

The Euro-to-Dollar exchange rate (EUR/USD) could be on a course that takes it to below 1.20 on a sustained basis, if the European Central Bank's penchant for creating fresh money is anything to go by.

February 3,2021

Foreign exchange trader

The Euro-to-Dollar exchange rate (EUR/USD) sits just above a key support level that if broken could open the door to notably lower prices, according to a professional foreign exchange trader we follow.

February 2,2021

The Euro-to-Dollar exchange rate gave a robust account of itself on Friday but was still carrying a 2021 loss that could remain a burden over the coming days as European Central Bank (ECB) rhetoric and a vaccine crisis in Brussels prompt investors to eschew the single currency in the short-term. 

January 31,2021

The Euro-to-Dollar exchange rate remained on the defensive early on Thursday following the latest indication that European Central Bank (ECB) concerns about recent increases in European exchange rates are escalating, which could act as a headwind to further gains by the single currency in the short-term.

January 28,2021

The Euro-Dollar rate could be on the cusp of becoming a more prominent consideration in European Central Bank (ECB) policymaking, a development that could see the Euro outlook more closely tied to that of Pound Sterling.

January 27,2021

Powell in focus

The results of the January 26-27 Federal Reserve Open Markets Committee (FOMC) meeting will be made known on Wednesday, and it should prove to be supportive for EUR/USD according to one analyst we follow.

January 26,2021

Euro to Dollar trade of the week

Foreign exchange strategists at TD Securities are looking to sell the Euro and buy the Dollar in their trade of the week, based on a view that the currency market is at a cross roads.

January 25,2021

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